Livin the Dream Ministries Inc

Analysis

Livin the Dream Ministries Inc is a registered charity in United States, based in Gardner, KS. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Livin the Dream Ministries Inc reported income of $706k and spending of $610k, spending 86% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $340k to $706k (+108%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Livin the Dream Ministries Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within KS. Charities of a similar size with the same main cause include USA Swimming Inc ($705k), I Am Volleyball Club Inc ($706k) and The Riverside Boat Club of Cambridge ($705k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.3% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $90k (15% of expenses). Other salaries and wages came to $64k. At year end it held assets of $290k against liabilities of $6,067, net assets of $284k. It reported 3 employees.